The Business Finance - Level 2 Course is designed for people seeking to understand and apply the principles of finance and financial control of a business.

The course is particularly suited to the general manager with responsibility for a small organisation or a department, needing a broad understanding of a range of financial planning and management techniques.

On successful completion of this course students will receive an accredited Level 2 Certificate of Achievement.

At the end of the home study course you will be able to:

  • Define the need for keeping books

  • Describe common book-keeping methods

  • Understand credit control techniques and methods

  • Devise debt recovery procedures

  • Understand costing and pricing models and methods

  • Conduct break even analyses

  • Prepare a trading budget

  • Manage cash and cash flow

  • Compose basic financial reports

The Home Study Course Includes the Following Units:-

  • Unit One - Book Keeping

The following topics are covered: Why keep books? Book-keeping methods, Introduction to VAT, The analysed cash book, Sales and purchase day books, Reconciling the bank account, Double entry book-keeping and Single entry systems.

  • Unit Two - Credit Control

The following topics are covered: Cracking the credit problem, Is my customer credit worthy? Credit control routines, Debt recovery through the courts, Statutory demands, insolvency and bankruptcy and VAT and tax relief for bad debts.

  • Unit Three - Costing and Pricing

The following topics are covered: Pricing a product, Costing a product, Pricing a service, Break even analysis, Contribution theory and Absorption costing.

  • Unit Four - Management Accounting

The following topics are covered: Budgets, Cash flow, Managing cash, The trading budget, The profit & loss account, Management reports, Manual accounting records, Computerised accounting records and Breakeven analysis.


There are no particular entry requirements.

Course Duration:

Students may register at any time and have a full year to complete their studies. The course will take approximately 80 hours of study to complete.

Technical Support:

Once you have enrolled, you will have access to your own personal tutor by mail or email. You will receive full tutor support for a 12 month period.


At the end of this course successful learners will receive a Certificate of Achievement from ABC Awards and Certa Awards and a Learner Unit Summary (which lists the components the learner has completed as part of the course).

The course has been endorsed under the ABC Awards and Certa Awards Quality Licence Scheme. This means that Kendal Publishing has undergone an external quality check to ensure that the organisation and the courses it offers, meet defined quality criteria. The completion of this course alone does not lead to a regulated qualification* but may be used as evidence of knowledge and skills gained.

The Learner Unit Summary may be used as evidence towards Recognition of Prior Learning if you wish to progress your studies in this subject. To this end the learning outcomes of the course have been benchmarked at Level 2 against level descriptors published by Ofqual, to indicate the depth of study and level of demand/complexity involved in successful completion by the learner.

Information on level descriptors can be found on the Ofqual's level descriptors page.

The course itself has been designed by Kendal Publishing to meet specific learners’ and/or employers’ requirements which cannot be satisfied through current regulated qualifications. ABC Awards & Certa Awards endorsement involves robust and rigorous quality audits by external auditors to ensure quality is continually met. A review of courses is carried out as part of the endorsement process.

ABC Awards and Certa Awards have long-established reputations for providing high quality vocational qualifications across a wide range of industries. ABC Awards and Certa Awards combine over 180 years of expertise combined with a responsive, flexible and innovative approach to the needs of our customers.

Renowned for excellent customer service, and quality standards, ABC Awards and Certa Awards also offer regulated qualifications for all ages and abilities post-14; all are developed with the support of relevant stakeholders to ensure that they meet the needs and standards of employers across the UK.

*Regulated qualification refers to those qualifications that are regulated by Ofqual / CCEA / Qualification Wales

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